Rates

Mortgage Rates (as of 11/30/2021)

* LTV = Loan to Value

** APR = Annual Percentage Rate. The Annual Percentage Rate (APR) and monthly payment per $1,000 are based on Purchase Price or Appraised Value of $250,000 with a 20% down payment of 80% loan to value and an applicant credit score of 760 or above. The loan amount would be $200,000. Your actual APR may differ depending on the loan amount, loan to value, credit score, cash out or other variables. The monthly payment per $1,000 includes principal and interest. Amounts for taxes and insurance are additional. Rates are subject to change at any time. Home owner insurance is required. Flood insurance is required if property is in a flood zone. Private insurance is required for loans with an LTV greater than 80%.

You are due for a win. You continue to hear that rates are at an all-time low. But with so many scams and businesses trying to take advantage of this unstable environment, how can you know who to trust?

Jarrettsville Federal has a secure online platform for your mortgage lending and refinancing needs. With competitive rates for the taking, now is the time to take advantage, but don’t compromise your peace of mind.

Interest rates fluctuate daily, sometimes hourly, the best way for you to obtain your ideal rate is to contact Crissy at 410-692-5151, Ext. 222 or chaley@jarrettsvillefederal.com  NMLS #1158115

Fixed Rate Construction/Perm Loans

Interest rates fluctuate daily, the best way for you to obtain your ideal rate is to contact Crissy at 410-692-5151, Ext. 222 or chaley@jarrettsvillefederal.com  NMLS #1158115

• Loan payment is Interest ONLY during construction period.
• Our Construction – Permanent loans have only 1 settlement.

Home Equity Loans

LTV = Loan to value
**Loan ratio includes first mortgage balance.

Home Equity Line of Credit

Lot Loans

• Term is based on a 5 year Balloon.
• No size restrictions on lot loans.

IMPORTANT INFORMATION ABOUT OUR RESIDENTIAL MORTGAGE PLANS

• In accordance with the USA Patriot Act, Jarrettsville Federal SLA is required to obtain, verify and record information that identifies each person who opens an account.
• APRs disclosed above are calculated on a $200,000 loan excluding Jumbo Loans. The APR will vary based on final loan amount and finance charges.
• One point equals 1% of the borrowed amount.
• The fee for credit report may be required at time of application. The fee may vary.
• Appraisal fee may be higher on certain types of loans.
• All loan requests are subject to credit approval.
• Adequate property insurance required.
• Flood insurance may be required.
• Payments do not include amount for taxes and insurance premiums. The actual payment obligation will be higher.
• Prequalification available.
• LTV in excess of 80% require Private Mortgage Insurance (PMI).
• Lot loans require a perk test and potability test prior to settlement if the site will be serviced by a septic system or well.
• Lot Loan – monthly payment is amortized over 15 years. Loan must be paid in full or refinanced in 5 years.
• Consult your tax advisor regarding deductibility of interest and charges.

NMLS

Jarrettsville Federal: NMLS#431219
Christine Haley: NMLS #1158115
Mary Ann Bogarty: NMLS #1114038